Annual report pursuant to Section 13 and 15(d)

Divestitures Activities Schedule of Assets and Liabilities Held for Sale (Tables)

v3.10.0.1
Divestitures Activities Schedule of Assets and Liabilities Held for Sale (Tables)
 12 Months Ended
Aug. 31, 2018
Schedule of Assets and Liabilities Held for Sale [Abstract]  
Schedule of Assets and Liabilities Held for Sale [Table Text Block]
The following is a summary of the assets and liabilities held for sale (in thousands):
 
 
Cortland Fibron
 
Viking
 
 
August 31, 2018
 
August 31, 2017
Accounts receivable, net
 
$
2,924

 
$
2,426

Inventories, net
 
2,597

 
190

Other current assets
 
3,267

 
1,927

Property, plant & equipment, net
 
2,186

 
7,534

Goodwill and other intangible assets, net
 
12,464

 
—

Other long-term assets
 
135

 
9,758

Assets held for sale
 
$
23,573

 
$
21,835

 
 
 
 
 
Trade accounts payable
 
$
3,915

 
$
1,883

Accrued compensation and benefits
 
1,414

 
—

Lease buyout accrual
 
—

 
28,644

Reserve for cumulative translation adjustment
 
35,346

 
68,919

Other current liabilities
 
1,269

 
1,637

Deferred income taxes
 
2,281

 
—

Liabilities held for sale
 
$
44,225

 
$
101,083